The total profit P(x) (in thousands of dollars) from a sale of x thousand units of a new product is given by P(x)= In (-x+ 12x² +27x+1) (0≤x≤ 10). a) Find the number of units that should be sold in order to maximize the total profit. b) What is the maximum profit? a) The number of units that should be sold in order to maximize the total profit is (Simplify your answer.)
The total profit P(x) (in thousands of dollars) from a sale of x thousand units of a new product is given by P(x)= In (-x+ 12x² +27x+1) (0≤x≤ 10). a) Find the number of units that should be sold in order to maximize the total profit. b) What is the maximum profit? a) The number of units that should be sold in order to maximize the total profit is (Simplify your answer.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.CR: Chapter Review
Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...
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